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IDAT (iShares Future Cloud 5G and Tech ETF) is no longer actively trading.
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The iShares Future Cloud 5G and Tech ETF is designed to mirror the financial returns of an index. This index comprises firms located in both established and growing markets, all of which are expected to profit from supplying innovations, goods, and services linked to cloud technology and 5G communication.
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On Thursday, as digital connectivity expands across the globe and transforms how society interacts with technology, BlackRock announced the launch of the iShares Cloud and 5G Multisector ETF (NYSE: IDAT). IDAT seeks to track the investment results of the Morningstar® Global Digital Infrastructure & Connectivity Index.